MAURITIUS, YOUR GATEWAY
TO AFRICA AND THE INDIAN OCEAN
Mauritius is the gateway to Africa and the Indian Ocean since the 1700’s. Thanks to its political and social stability, the country can pride itself on offering favourable conditions for living, doing business and investing. Mauritius has developed from a low- income agricultural economy to a stable, diversified upper- middle-income economy. With an economic growth
rate of 4% per year before the COVID 19 pandemic, the country is among the most prosperous in the Indian Ocean. It recently amended and improved its legal framework with the notable inclusion of anti-money laundering legislation to promote its economic development, while at the same time abiding by the rules of transparency, good governance and ethical standards.
MAURITIUS RANKING IN VARIOUS
INTERNATIONAL INDEX 2020
RANKING ON DOING BUSINESS
TOPICS OUT OF 190 COUNTRIES:
REASONS FOR INVESTING
Mauritius, an attractive business destination:
- Income tax, corporate tax and VAT capped
at a maximum rate of 15%
- Easy, quick and efficient processes for starting
up new businesses
- Tax-free dividends / No capital gains tax
- No requirements for local partnership
- No minimum capital requirement for the
incorporation of a company
- Well-developed institutional infrastructure:
international banks, legal and accounting firms
- Legal security and political stability
- No foreign exchange controls
- Highly-skilled bilingual (French and English)
- Excellent quality of life
- More than 20,000 offshore entities
- An emerging country with advanced IT and
- A minimal time-zone difference from the main
European capitals (GMT+4)
- A modern port – a hub for the region
- A scheme designed for international
businesses and foreign investors: the Smart
- Extensive flight connectivity: served by more
than 20 major airlines
HOW TO IMPLEMENT
YOUR BUSINESS IN
Advantages of Setting up a Company in Mauritius
Setting up a company in Mauritius offers numerous advantages for entrepreneurs and corporations worldwide. The island boasts a robust International Financial Centre, making it an attractive destination for global business.
Key benefits include:
- 100% foreign ownership,
- Political and economic stability,
- Compliance with international standards,
- A network of Investment Promotion and Protection Agreements,
- Membership in various trade organizations,
- Cost-efficient company formation and;
- a skilled bilingual workforce.
Registering a company in Mauritius
To register a company in Mauritius, both foreign entities and individuals can do so with the assistance of a company formation services provider. There is no minimum capital requirement, and 100% foreign ownership is permitted. The required information includes the company name, nature of business, relevant due diligence documents, commencement date, registered office address, telephone number, and email address. Companies can take on various statuses such as limited by shares, limited by guarantee, or a combination of both.
Considerations upon company registration in Mauritius
Considerations upon company registration in Mauritius include ensuring eligibility for incorporation, choosing the appropriate business structure, complying with regulatory requirements, and having the necessary resources like a local bank account, office space, equipment, and personnel.
Timeline for starting a business
Setting up a business in Mauritius is a swift process, typically taking about three working days to obtain a certificate of incorporation. However, the timeline may vary depending on the type of company and required approvals.
Types of companies in Mauritius
Various company types are available in Mauritius, each with its specific advantages, such as Global Business Companies (GBCs), Authorized Companies, Global Headquarters, Protected Cell Companies (PCCs), Variable Capital Companies (VCCs), Trusts, Private Trust Companies (PTCs), Foundations, Funds, Trading Companies, and Freeport Companies.
Investment Opportunities in Mauritius
Mauritius offers numerous investment opportunities across sectors such as the creative industry, e-commerce, healthcare, logistics, renewable energy, and more. There are also business development support programs and incentives to explore.
Company Registration Regulations
Company registration in Mauritius is governed by the Companies Act 2001 and the Business Registration Act 2002. Companies must have at least one director residing in Mauritius and a registered office.
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